Rivian. Your thoughts?

rktect1

Member
I bought Rivian about two months ago at $13.88 for 750 shares. Honestly this stock had really tanked from its IPO and from its high. So I read Amazon had a 20% stake in it and threw out for 750 shares hoping for a miracle. Well, 70% up in two months is really nice but I truly feel that if given a chance here this company could take off.

thoughts?
 
Impressive buy!

You know more than I do, but I've admired the trucks and company from afar. From my limited understanding, they're making serious efforts to be profitable and scale their output production. A 70% gain is something to take to the bank, but I'm with you that there seems to be more potential here.
 
What was your goal when you bought this stock? How would you feel if it lost 40-50%, because with a stock like RIVN it's very possible.
 
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